Homes Under $1.5M in Ann Arbor, MI

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15 of 909 Listings

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Thomas O'Leary

Realty.com

Lic. #6502426559

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New28Active
$211,820
3 bd · 2 ba · 1,400 sqft
2120 Stone School Circle, Ann Arbor, MI
Alicia McCollum · The Charles Reinhart Company
New17Active
$545,000
3 bd · 2 ba · 1,172 sqft
605 W Washington Street, Ann Arbor, MI
Natalie Jean · @properties Christie's Int'lAA
61Active
$625,000
3 bd · 3 ba · 1,684 sqft
2805 Lakehurst Lane, Ann Arbor, MI
Evelyn Roberts · NestEgg Properties

Listing data & MLS disclosures

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About Homes Under $1.5M in Ann Arbor, MI

Homes Under $1.5M in Ann Arbor, MI: 909 active listings as of October 10, 2026, 10:27 UTC.

Property types among these 909 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	441	48.5%
Condominium	424	46.6%

Ann Arbor housing market

September 2026

Selling at 98.9% of asking price

Buyers here are paying below asking. MLS · 123 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 24, 2026

Median sale price: $485,000$290,000–$625,000 typical range
Price per sq. ft.: $281
Sales: 119
Paid in cash: 49.6%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $499,000
Homes for sale: 581
Median days on market: 25 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -12.2%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,824 sq. ft.

Ann Arbor, MI community profile

Population: 123,191
Median income: $77,829
Housing units: 53,080
People per sq. mi.: 868.8
Area: 141.8 sq. mi.

Source: HJN community data

Homes Under $1.5M in Ann Arbor, MI

Your local brokerage

Listing data & MLS disclosures

About Homes Under $1.5M in Ann Arbor, MI

Ann Arbor housing market

Homes that sold · County records, as of Sep 24, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Ann Arbor, MI community profile

Explore Ann Arbor homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Ann Arbor, MI community profile

Ann Arbor housing market

Homes that sold · County records, as of Sep 24, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026